Paypal Text Message Scam 2020 Regarding Payment Processing

I received a text from [phone number removed] stating that PayPal account is processing a payment of $699.99 to Technosoft Computers. The text message must be a fake because I didn't make the purchase. Has anyone else received this scam?

Paypal Text Message Scam 2020 Regarding Payment Processing
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Paypal Text Message Scam 2020 Regarding Payment Processing